Eurazeo has held the first close of the Eurazeo Growth Fund IV at €650m, with its first investments scaling at more than a 50% year-over-year revenue pace. The final fund target sits at €1bn.
EGF IV, which counts prominent European institutions among its initial investors, builds on a decade of investing into more than 30 global tech champions including Doctolib, Cognigy, EcoVadis, Fever, Dataiku, Neo4j, Qonto and commercetools.
This new raise means Eurazeo Growth now reaches €4bn assets under management.
With highly experienced professionals operating across the UK, Germany, France, and Spain, Eurazeo’s Growth team brings a distinctly local and long-term approach to investing.
Under the stewardship of Hala Fadel, the team has continued to strengthen its capabilities with several prominent hires across Europe, now constituting 17 international investment professionals.
Eurazeo’s Growth team also brings an operational edge, leveraging the expertise of five seasoned operating partners with hands-on experience from companies such as Datadog, VMware, RingCentral, PayPal, Klarna, Expedia, and Capgemini, who support founders throughout their scaling process.